The total number of outstanding derivative contracts (not yet closed or settled).
Open interest measures active participation in derivatives markets. Rising open interest with rising price may confirm trend strength; divergences can signal caution.
"BCH price rises alongside growing open interest in futures—momentum may be supported by new positions."
Derivatives granting the right, not the obligation, to buy (call) or sell (put) an asset at a specified strike price by a certain date.
A derivatives contract to buy or sell an asset at a predetermined price at a future date; in crypto, perpetual futures (no expiry) are most common.
All terms and definitions may update as the Cryptionary improves.